Data Center News

AiOnX Completes $500 Million Genesis Digital Assets Deal and Transitions Facilities to AI

AiOnX has acquired a 77 percent stake in cryptomining firm Genesis Digital Assets for $500 million, gaining access to 15 data centers across the US and Sweden with 1.3GW of power capacity. The facilities will be converted to support AI and HPC workloads, increasing AiOnX’s total data center footp...

June 15, 2026

Genesis Digital Assets

Blykalla Raises $50m as it Advances Plans to Power Data Centers

Swedish small modular reactor (SMR) start-up Blykalla has closed a $50 million (€42m) financing round to accelerate development of its lead-cooled SMR, with a focus on meeting growing demand from the data center sector.Blykalla said that it will use the capital to scale testing and validation ...

December 27, 2025

Sweden

EdgeMode Explores Development of 20MW AI Data Center in Sweden

EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden. The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA), imm...

August 14, 2025

Sweden

EdgeMode acquires Synthesis Analytics Production

US data center firm EdgeMode has announced the acquisition of Synthesis Analytics Production Ltd. (SAPL), in a $1.75 million deal that sees EdgeMode take charge of a 95MW power purchase agreement, a long-term lease on an in-development 20MW high-performance computing data center, and freehold ...

June 17, 2025

Sweden

DeepL Deploys Nvidia DGX SuperPOD in Falun, Sweden

Language AI company DeepL has deployed an Nvidia DGX SuperPOD with GB200 NVL72 systems at EcoDataCenter's Falun, Sweden, facility. DeepL will use the GB200 NVL72 systems to train its models, noting in a LinkedIn post that the system is powerful enough that it can translate the "entire web" in ...

June 17, 2025

Sweden

Brookfield Plans $10bn Investment on a Swedish AI Data Center

Brookfield Asset Management plans to spend up to 95 billion kronor ($9.9 billion) on an AI data center in Strängnäs, Sweden. The investment more than doubles a planned 300MW facility to 750MW, with the company planning to purchase 350,000 sqm of additional land in Strängnäs to support the larg...

June 06, 2025

Sweden

atNorth buys land for data center in Långsele, Sweden

Nordic colocation provider atNorth has bought a 30-hectare plot for a potential data center in Långsele, Sweden. Located in the Sollefteå municipality in Hamre Industripark, the land will host the company’s first ‘mega site.'“This is a fantastic opportunity for Sollefteå municipality and the H...

December 19, 2024

Sweden

T.Loop appoints Helena Fagraeus Lundström as CEO

Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat ...

December 04, 2024

Sweden

Telenor Sweden CEO to step down at end of year

Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that...

November 28, 2024

Sweden

Volvo Penta invests in UIG

Swedish marine and industrial engine manufacturer Volvo Penta has announced a follow-up investment in UtilityInnovation Group (UIG), an US and Irish company specializing in utility systems and decentralized energy solutions. Following the investment, UIG aims to combine Volvo’s battery energy ...

November 15, 2024

Sweden

T.Loop to place data center in Stockholm’s slaughterhouse district

Swedish Edge data center firm T.Loop l ast week announced it had entered into an agreement with real estate development firm Atrium Ljungberg for operational management of the Palmfelt Datacenter in the Slaughterhouse area of the capital. "We see great potential in the data center, which is ...

October 07, 2024

Sweden

Atos awarded contract to upgrade Sweden's Berzelius supercomputer

Atos's Eviden business unit has been awarded a four-year multi-million euro contract to boost the performance of the Berzelius supercomputer at Linkoping University for the second time. Eviden will integrate and deploy further Nvidia GPUs into the system, adding an extra 512 petaflops of FP8 A...

September 23, 2024

Sweden

CoreWeave to deploy new Nvidia clusters in Sweden

GPU cloud firm CoreWeave and Swedish colocation provider EcoDataCenter this week announced a partnership to host “one of Europe’s first large-scale Nvidia Blackwell clusters” in Sweden. CoreWeave aims to deploy thousands of Blackwell GPUs to help meet demand for large-scale AI infrastructure ...

August 30, 2024

Sweden

Hexatronic acquires parts of Icelandic services firm

Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The bus...

July 11, 2024

Sweden

BT's new CEO Allison Kirkby calls for telecoms infrastructure improvement

BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...

June 04, 2024

Sweden

Telia Company completes sale of Danish business unit

Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milesto...

April 04, 2024

Sweden

Ericsson begins further layoffs in Sweden

Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as red...

March 26, 2024

Sweden

Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites

Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...

March 26, 2024

Sweden

Swedish telco Telia names new president and CEO

Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to beg...

October 18, 2023

Sweden

Sweden's nuclear-powered facility will power data centers

Karnfull Next, a Swedish nuclear corporation, has announced plans for a campus of small modular reactors (SMRs) on the Swedish coast that will power data centers. The company intends to construct the facility in Nykoping, on the Swedish east coast, where the nuclear software company Studsvik c...

September 11, 2023

Sweden

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